President Zelensky imposes sanctions against the Russian IT sector

Ukraine’s President Zelensky and the country’s Council of National Security introduced new sanctions against individuals and businesses.

Ukraine’s President Volodymyr Zelensky and the country’s Council of National Security introduced new sanctions against 351 Russian individuals and 241 business entities.

The list of sanctioned entities comprises IT companies operating within the Russian Federation, notably Gazpromneft IT Solutions, RT-Invest Transport Systems, InnoTech, Softline Trade, Zericoder, Geekbrains and other organizations affiliated with the Russian government.

The roster of companies that have also recently faced sanctions encompasses Global Invest, Studio Soyuz, Group-IB and its affiliated entities, such as Group-IB Global Private Limited, headquartered in Singapore, along with various Russian organizations like the National Informatization Center (NIC), Technolink, renowned domain registrar REG.ru, and several other IT companies originating from Russia.

These restrictions applied via the sanctions are to block assets, termination of trading operations, annulment of licenses, as well as to ban the conclusion of contracts and transactions with these companies.

Sources:

https://www.president.gov.ua/storage/j-files-storage/01/04/33/1b6b0103d46df0fe7e408e53e8655fc1_1635839034.doc

https://www.president.gov.ua/documents/2272023-46525

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(SecurityAffairs – hacking, Zelensky)